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Property profile & analytics
OFF-MARKET
Estimated value
$1,630,000
Super regional malls
1600 Saratoga Ave San Jose, CA 95129-5101
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2907391
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2002
Total area
166,000 SF
Lot
2.09 ac (90,825 SF)
Zoning code
C3H
APN
307-11-009
UPID
US09-2907391
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
49ers Fit Gym & Fitness Center
-
Subway Take-out & Catering
-
Amazon Locker - Campus Postal Service Courier Service
-
Self Storage Storage Facility
-
Rebecca B. Alfonso, PharmD Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.63M
Owner & transaction history
T&t Supermarket Us INC · 1 yrs held
T&t Supermarket Us INC
since 2024
7 recorded transactions
Zoning & alternative use
C3H · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Jose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Jose submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$10 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$182,323
Tax year 2024
Assessed value
$13,939,183
Assessed 2024
Previous assessed
$13,939,183
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,393,912
Assessed improvement
$12,545,271
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2002
Heating
NONE
Cooling
YES
Stories
2
Units
1
Total area
166,000 SF
Lot
2.09 ac (90,825 SF)
Zoning code
C3H
APN
307-11-009
UPID
US09-2907391
Jurisdiction
SANTA CLARA
Zoning & alternative use
C3H · San Jose, CA
Zoning C3H · permitted uses
C3H · San Jose, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Jose. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
2.09 ac
Current owner
From public records · entity-resolved
T&t Supermarket Us INC
Entity
Free & Clear · 1 yrs held
Mailing address
99 RNCH MARKET AVE STE 200TH SEAFOOD CITY XX
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2024
—
T&t Supermarket Us INC
Fr Westgate Mall LLC
Lease
—
May 1, 2014
—
Fr Westgate Mall LLC
Fr Westgate Mall LLC
Quit Claim Deed
related
—
Apr 8, 2014
—
Fr Westgate Mall LLC
Fr Westgate Mall LLC
Quit Claim Deed
related
—
Apr 1, 2004
—
Fr Westgate Mall LLC
M & H Realty Partners II LP
Grant Deed
related
—
Jun 27, 1995
—
M LP
—
Deed Of Trust
related
$50,000,000 · Nomura Asset Capital Corp Ttee
—
—
Peter J Merlone
—
Deed Of Trust
related
$100,000 · Nomura Asset Capital Corp
—
—
Atherton Associates
—
Deed Of Trust
related
$950,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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